Ubank is offering 35-year loans in response to the sharp rise in the official cash rate.. the interest bill would rise by more than $60,000 if they pushed the loan term out to the full 35 years.. 1 Comparison rates are calculated on a loan amount of $150,000 for a term of 25 years. These rates are for secured lending only. WARNING: The comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
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Calculate how much you could borrow, compare your loan and estimate how much you could save by refinancing with ubank. Skip to content. Skip to login. Everyday money. Everyday money. Get a better daily view with our spending, bills and savings accounts.. Products issued by ubank, part of National Australia Bank Limited ABN 12 004 044 937.. Fact Checked. ubank has announced it is extending its loan term for refinances from 30 to 35 years as of 7 February 2023. While this could potentially prove beneficial for homeowners seeking some relief from relentless rate rises, it could also potentially cost these customers more in the long run. According to ubank, while 35-year terms have.